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Private credit

Sixth Street Specialty Lending Europe III (A), L.P.

Connecticut Retirement Plans and Trust Funds

1. Documented in the September packet

   What the investment team looked for

   Staff sought European senior private credit exposure. The memo cites prior fund performance, Sixth Street’s origination network and flexibility across transaction sizes, capital structures and geographies.

   • Connecticut Pension Funds Management · Conducted due diligence
   • Hamilton Lane · Conducted due diligence

   September IAC materials · Sixth Street executive summary and feeder footnote

2. 2025-09-04 · Agenda memorandum date

   How the item reached the Council

   The Treasurer and Council Secretary circulated the agenda naming the staff presenters.

   • Treasurer Erick Russell · Issued the agenda memorandum
     Connecticut State Treasurer · ex officio Council member · Office of the State Treasurer · Treasurer’s FY2025 annual report · Council membership

   September 10, 2025 IAC agenda · presenting staff

3. 2025-09-10 · Meeting packet

   CIO recommendation

   The CIO recommended consideration of up to $300 million.

   • Ted Wright · CIO named in the meeting record; recommendation attributed to the CIO role
     Chief Investment Officer · Connecticut Pension Funds Management, Office of the State Treasurer · September 10, 2025 IAC agenda · presenting staff · Connecticut Pension Funds Management · division overview

   September IAC materials · Sixth Street executive summary and feeder footnote · September 10, 2025 IAC agenda · presenting staff

4. 2025-09-10 · Meeting date

   Presented to the Council

   The minutes record that two investment staff members presented the opportunity.

   • Mark Evans · Presented
     Principal Investment Officer · Connecticut Pension Funds Management, Office of the State Treasurer · September 10, 2025 IAC agenda · presenting staff · Connecticut Pension Funds Management · division overview
   • Kan Zuo · Presented
     Investment Officer · Connecticut Pension Funds Management, Office of the State Treasurer · September 10, 2025 IAC agenda · presenting staff · Connecticut Pension Funds Management · division overview

   September 10 IAC minutes · pp. 3–4

5. 2025-09-10 · Meeting date

   Comment period waived

   The Council unanimously passed the motion to waive the 45-day comment period.

   • Philip Zecher · Called for the motion and vote
     Investment Advisory Council Chair · Governor’s representative · appointed by Governor Ned Lamont · Treasurer’s FY2025 annual report · Council membership · Governor Lamont · Zecher chair appointment
   • William Myers · Moved the waiver
     Investment Advisory Council Member · State teachers’ union representative · Connecticut Education Association · Treasurer’s FY2025 annual report · Council membership
   • Chris Murphy · Seconded the waiver
     Investment Advisory Council Member · Representative of the Connecticut State Senate Minority Leader · Treasurer’s FY2025 annual report · Council membership
     Role listed in Connecticut’s published biography · Senior Managing Director and Head of Private Equity at Hartford Investment Management · Connecticut IAC · Chris Murphy biography
   • Investment Advisory Council · Passed the waiver

   September 10 IAC minutes · pp. 3–4

6. 2025-11-12 · Date reported to the Council

   Treasurer’s decision reported

   The Treasurer’s Office reported a decision to commit up to $300 million.

   • Office of the State Treasurer · Decision-maker as reported
   • Treasurer Erick Russell · Announced the decision
     Connecticut State Treasurer · ex officio Council member · Office of the State Treasurer · Treasurer’s FY2025 annual report · Council membership

   November 12 IAC minutes · Comments by the Treasurer

The dates identify meeting, report, or recommendation evidence. A comment waiver records a procedural action. A commitment cap and a reported closing describe separate stages.